Niche Chair Cover Hire Business With Excellent Potential For Sale

Business description

HISTORY

• The business was founded by the present vendor over 6 years ago

REASON FOR SALE

• The business is only now being reluctantly offered for sale as the vendor wishes to retire and spend more time with her grandchildren

SERVICES

• The principle activity of the business is the supply and fitting of chair covers and sashes at special events such as weddings, balls, christenings, proms, anniversaries, parties etc
• The covers are available in either linen or polyester and in white, ivory or black. The sashes come in 2 different widths and in numerous colours. All items are laundered after use
• They also offer a napkin tying service and can supply place and table names, gift boxes, favors and other accessories
• Top tables can also be dressed


CUSTOMERS

• The business has preferred supplier status at 3 upmarket venues where many events take place on a regular basis
• Approx 90% of events are within a circa 25 mile radius of the vendors home

STRENGTHS

• A well established business which has been trading for over 6 years
• A low overhead business which can be easily run from home
• Preferred supplier at 3 upmarket venues
• The business has circa £13,000 of confirmed orders which is steadily growing







DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).

Property information

Location:

• The business, which is currently run from the vendor’s home, is ideally located in an affluent area of Berkshire which is known as the golden triangle
• It has excellent road links with the M4, M3 and the M25 all nearby

Premises details:

• The business is currently run from the vendor’s home and would therefore need to be re-located
• It does however, require the space, which is the equivalent to approx the size of a single garage for the storage of stock

Business Operation

Expansion potential:

• The business has tremendous potential to increase both sales and profits in the future by:
• Expand the working area beyond the current 25 mile radius
• Attend more wedding fayres, which are the main way in which the business advertises
• Approach more venues to offer the service
• Invest in good laundry equipment and do the laundering yourself, which would save a minimum of £6,000 per annum

Trading hours:

• The vendor works full time in the business but hours to suit her lifestyle and those required by her customers

Employees:

• The vendor currently works alone in the business with the occasional help of her husband for approx ½ day a week

Other information

Related documents:

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• Document

Home based:

This business can be run from home.

Relocatable:

This business can be relocated.